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While popular with policymakers, most evidence on consumer financial disclosure's effectiveness studies borrowing decisions (where optimality is unclear) or lab experiments (where attention is not scarce). We provide field evidence from randomized-controlled trials with 124,000 savings-account...
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This paper studies the dynamics of Mexican inflation by using a wavelet Multiresolution Analysis (MRA) on 16 indexes of the Mexican consumer price index. This enables to estimate the long-term trend, seasonality, and local shocks of the inflation series, even when the series are non-stationary....
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Disclosure--the practice of providing information to support decision making--has been widely mandated in public policy but is routinely ignored by consumers and subject to obfuscation by firms. Yet most evidence on the effectiveness of consumer financial disclosure stems from lab experiments...
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